M Saraswathy

Assistant Editor

Moneycontrol News

Saraswathy has been covering stories in the areas of insurance, HR and education for the past 10 years, having worked in the past with Business Standard.

IIM Placements: No COVID-19 blues, as offers and average CTC may see a rise at business schools

BUSINESS

IIM Placements: No COVID-19 blues, as offers and average CTC may see a rise at business schools

Despite a strained economy, 20 percent increase in pre-placement offers; 10-15 percent rise in the number of firms queuing up to hire

Insurance policy request or claim rejected? Blame the bot

BUSINESS

Insurance policy request or claim rejected? Blame the bot

Artificial intelligence bots are now slowly starting to take decisions on whether your insurance claim should be paid or whether you should be allowed to buy a new policy. From your driving habits to fitness behaviour, everything has started being tracked.

Guess which sector faced highest attrition in 2020

MCMINIS

Guess which sector faced highest attrition in 2020

Big salary hikes may be a thing of the past at India Inc

BUSINESS

Big salary hikes may be a thing of the past at India Inc

Consultants are of the view that salary hikes over 10% are unlikely before 2024. Only after the entire population is vaccinated and an economic recovery is on in full swing will things look up on the salary front, they opine

Explained | How PLI for laptops, computers will boost Make in India

BUSINESS

Explained | How PLI for laptops, computers will boost Make in India

Currently, laptops and tablets worth about Rs 34,000 crore are purchased in India every year. Of these, four out of five are imported — mostly from markets such as China, Taiwan, Singapore, Malaysia and the United States. Getting these devices manufactured in India will reduce the massive import bill and enable India to become an exporter instead. Building semiconductor fabs will be critical to that dream becoming a reality

Exclusive | PSB-merged banks may get time till FY22 end to cut stake in insurance JVs

BUSINESS

Exclusive | PSB-merged banks may get time till FY22 end to cut stake in insurance JVs

Considering that stake sale by merged banks in their insurance joint ventures could be lengthy, they are being given additional time. One entity cannot be a promoter of multiple insurance companies in life and non-life categories.

Bovine brouhaha: Why Cow Exam had to be moo-ved?

INDIA

Bovine brouhaha: Why Cow Exam had to be moo-ved?

Sources tell Moneycontrol that the government wants additional time to gauge public interest and also make some tweaks in the syllabus. There are some views that the syllabus is unscientific in nature, said an official.

Hot desking warms up as Covid-driven remote working continues

BUSINESS

Hot desking warms up as Covid-driven remote working continues

Employees previously assigned a seat will no longer have access to that seat on all working days. Instead, seats will be assigned according to a roster. It is estimated that companies could save between Rs 10 lakh-1 crore on a monthly basis if hot desking is adopted and extra floors and office space are given away on rent or leased.

Your child going to the sixth grade this year? This is what will change in school

BUSINESS

Your child going to the sixth grade this year? This is what will change in school

The National Education Policy plans to implement vocational topics like carpentry, pottery, weaving and indigenous textiles to impart skills and broad base employment opportunities

WFH diaries: Employees need masterclass on professional communication

BUSINESS

WFH diaries: Employees need masterclass on professional communication

Amidst WFH, contactability is a challenge. Hence there are rising instances improper communication channels for contacting customers, clients which is an unacceptable behaviour.

Life insurers seek reprieve from ban on sale of indemnity health plans

BUSINESS

Life insurers seek reprieve from ban on sale of indemnity health plans

Life insurers are only allowed to sell fixed-benefit health plans, which offer a lumpsum benefit on diagnosis of an ailment. However, these insurers want to sell cashless and reimbursement health policies as well

How a missed opportunity in insuring rural India became the business model for Gramcover

BUSINESS

How a missed opportunity in insuring rural India became the business model for Gramcover

Set up in 2017, insurtech firm Gramcover wants to be the one-stop shop for all insurance need for rural India. When even big insurance firms look at rural insurance only from the mandatory angle, Gramcover sells livestock, health, motor and crop insurance -- only to rural customers.

Aditya Birla Sun Life Insurance looks to double protection share, millennial contribution in two years

BUSINESS

Aditya Birla Sun Life Insurance looks to double protection share, millennial contribution in two years

Pre-approved sum insured is being offered to customers based on data analytics for ease of purchase, said Aditya Birla Sun Life Insurance MD & CEO Kamlesh Rao

BSH Home Appliances eyes a higher pie of the Indian appliance market, focusses on more made-in-India products

BUSINESS

BSH Home Appliances eyes a higher pie of the Indian appliance market, focusses on more made-in-India products

German firm already starts shifting production of goods from China to India. Company to enter the cooktop segment in India in August 2021 through the Bosch brand to complete their product suite in the kitchen segment.

Explained: What is the conflict around abolition of the one-year LLM course?

INDIA

Explained: What is the conflict around abolition of the one-year LLM course?

The Bar Council of India has told the Supreme Court that it will abolish the one-year LLM degree from the 2022-23 academic year.

Twists in COVID-19: Insurers cry foul over high treatment costs, non-adherence to standard rates

BUSINESS

Twists in COVID-19: Insurers cry foul over high treatment costs, non-adherence to standard rates

Guarantors are worried about the price of high claims, which will impact balance sheets in FY21. Customers will bear the brunt of rising health costs in the form of increased premiums.

Twists in COVID-19 cover: Here’s why your insurer can no longer deny, delay hospitalisation claims

BUSINESS

Twists in COVID-19 cover: Here’s why your insurer can no longer deny, delay hospitalisation claims

Customers will not have to worry about claims delays in Coronavirus hospitalisation incidents after IRDAI nudging insurers to make settlements quickly.

Too much technology at home not a good thing - here is why

TECHNOLOGY

Too much technology at home not a good thing - here is why

Smart homes with connected appliances is the new trend in India. But, are ignoring the dangers of leaving technology unattended?

Explained: Here’s what a standard drone insurance policy will look like in India

BUSINESS

Explained: Here’s what a standard drone insurance policy will look like in India

Among other things, regulator IRDAI has said that drone insurance policies should cover an operator’s legal liabilities and damages. Insurers will also have to pay for repair/replacement of insured drones. Optional covers related to cyber liability, invasion of privacy, and night flying can also be offered by insurers.

Board exams amidst COVID-19: Students juggle online school, tuitions and self-study

BUSINESS

Board exams amidst COVID-19: Students juggle online school, tuitions and self-study

The pandemic has turned out to be nightmare for board students struggling to keep up with the syllabus, battling exam stress, virus fears and admission worries

Explained: Why are top business leaders betting big on education institutes?

BUSINESS

Explained: Why are top business leaders betting big on education institutes?

The corporate honchos will access skilled quality-talent at the entry level, while their own big names will brighten the employment prospects of the candidates, who will also acquire real-world-problem-solving-skills

EXCLUSIVE: We are working towards the Q3 timeline for our IPO, says LIC chairman MR Kumar

BUSINESS

EXCLUSIVE: We are working towards the Q3 timeline for our IPO, says LIC chairman MR Kumar

Since the Finance Ministry is looking at having Life Insurance Corporation’s IPO in Q3FY22, says LIC chairman MR Kumar, the first step will be to get the state-owned life insurer’s valuation carried out. Meanwhile, amidst the challenging business environment, LIC is eyeing 15 percent growth in new premiums this fiscal year

EXCLUSIVE: LIC gross investments will exceed Rs 5 lakh crore in FY21, says chairman MR Kumar

BUSINESS

EXCLUSIVE: LIC gross investments will exceed Rs 5 lakh crore in FY21, says chairman MR Kumar

LIC's`contrarian’ strategy when investing in equity markets, to sell when the sentiment is bullish and buy when the mood is bearish, has paid rich dividends

New Labour Code: Will companies offer four-day workweek?

BUSINESS

New Labour Code: Will companies offer four-day workweek?

The proposal appears unworkable in manufacturing, where machines need to be operated round-the-clock, and project-based sectors like real estate; longer hours may also deter women workforce.

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